THE globe

CU News From Around the Planet

DUBLIN—Ireland’s credit unions are exploring a plan under which  €4-billion would be made available to finance mortgages in this country, an amount that the Independent described as enough to put “put banks under serious competitive pressure.”

MONROVIA, Liberia — Nine months after suspending operations in this country due to a breakout of the Ebola virus, the World Council of Credit Unions is reporting it has revived its model credit union building project that aims to bank 40,000 Liberians previously without access to financial services.

LVIV, Ukraine — World Council of Credit Unions' board met here with leaders of its member organization, Ukrainian National Association of Savings and Credit Unions (UNASCU), seeking to better understand challenges facing that country’s credit unions.

LONDON—Members of the U.K’s armed forces are being given a credit union as an alternative to using payday lenders. The U.K.’s Treasury is putting up £500,000—all from fines paid as part of the investigation over LIBOR violations—to get the credit union started.

TORONTO--The Ontario Co-operative Association (On Co-op) held the fourth of six regional Co-op Connections conferences. More than 100 participants from 52 co-ops and organizations participated in the event, which filled the ground floor of the Centre for Social Innovation Annex on Bathurst Street.